DELONEY HEIRS
DELONEY HEIRS is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 45,106 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $480K, with roughly $92K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 141 barrels a month, about 70 per wellbore. Its strongest month on the record we hold was May 2022, at 377 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about DELONEY HEIRS
- Who operates DELONEY HEIRS?
- DELONEY HEIRS is operated by Goldston Oil Corporation, Railroad Commission of Texas operator number 313990.
- Where is DELONEY HEIRS?
- DELONEY HEIRS is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14485.
- Is DELONEY HEIRS still producing?
- DELONEY HEIRS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DELONEY HEIRS is August 2026.
- How much has DELONEY HEIRS produced?
- DELONEY HEIRS has reported 45,106 barrels of oil (bbl) to the Railroad Commission of Texas between September 2005 and August 2026, from 2 wellbores.
- How much is DELONEY HEIRS worth?
- The remaining production from DELONEY HEIRS is estimated to be worth about $480K in total as of 26 August 2026, within a range of $374K to $585K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DELONEY HEIRS is a fraction of it. The estimate fits an Arps decline curve to the production DELONEY HEIRS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DELONEY HEIRS is an estimate of value, not an offer and not an appraisal.
- How much income does DELONEY HEIRS generate in a year?
- DELONEY HEIRS is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DELONEY HEIRS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Quitman-Robbins (Rod.- Kirk.) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 14485 |
| Wellbores | 2 |
| Reported production | 45,106 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $480K |
Where DELONEY HEIRS sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.